Europe Research Roundup: H&M, Siemens, Vodafone

Schaeffler AG

30/06/2023 07:56

June 30 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including H&M, Siemens and Vodafone, on Friday. 
    
    HIGHLIGHTS  
    
     * Aviva  AV.L : HSBC raises to buy from hold
     * H&M  HMb.ST : Jefferies raises target price to SEK 165 from SEK 120
     * Siemens AG  SIEGn.DE : JP Morgan raises target price to EUR 200 from EUR 188
     * Vodafone  VOD.L : Berenberg cuts target price to GBP 0.85 from GBP 0.95
      
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
    
     * Aviva  AV.L : HSBC cuts target price to 480p from 495p
     * Aviva  AV.L : HSBC raises to buy from hold
     * Ebusco Holding NV  EBUS.AS : Jefferies cuts target price to EUR 8 from EUR 18
     * Ebusco Holding NV  EBUS.AS : Jefferies cuts to hold from buy
     * EDPR  EDPR.LS : Credit Suisse cuts target price to EUR 21 from EUR 21.71
     * Ekopak NV  EKOP.BR : Berenberg raises target price to EUR 25 from EUR 20
     * Essilorluxottica SA  ESLX.PA : HSBC raises target price to EUR 220 from EUR 210
     * Evonik Industries AG  EVKn.DE : JP Morgan cuts target price to EUR 25 from EUR 27
     * Fastned BV  FASTN.AS : Jefferies raises to buy from hold
     * H&M  HMb.ST : Credit Suisse raises target price to SEK 165 from SEK 146
     * H&M  HMb.ST : Jefferies raises target price to SEK 165 from SEK 120
     * H&M  HMb.ST : JP Morgan raises target price to SEK 130 from SEK 110
     * Prosus NV  PRX.AS : Credit Suisse raises target price to EUR 110 from EUR 106
     * Ryanair  RYA.I : JP Morgan raises target price to EUR 24.5 from EUR 23
     * Schaeffler AG  SHA_p.DE : JP Morgan cuts target price to EUR 7.7 from EUR 8.5
     * Siemens AG  SIEGn.DE : JP Morgan raises target price to EUR 200 from EUR 188
     * Siemens Energy AG  ENR1n.DE : JP Morgan cuts target price to EUR 23 from EUR 28
     * Stabilus SE  STM1.DE : JP Morgan cuts target price to EUR 70 from EUR 74
     * Steico SE  ST5G.DE : Morgan Stanley cuts target price to EUR 45 from EUR 53
     * Steico SE  ST5G.DE : Morgan Stanley raises to overweight from equal-weight
     * Vodafone  VOD.L : Berenberg cuts target price to GBP 0.85 from GBP 0.95
     * WPP  WPP.L : Credit Suisse cuts target price to 1245p from 1260p
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))